Healthcare Contract Research Outsourcing Market Size Share Trends Forecast 2026

1. HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Healthcare Contract Research Outsourcing Market - Overview Statistics: The global Healthcare Contract Research Outsourcing Market is estimated to account for US$ 229.2 Bn in terms of value by the end of 2027. Drug manufacturing process is an important part of the pharmaceutical and medical device industries where novel drugs and devices are discovered through Research and Development (R&D). Clinical trials form the key part of pharmaceutical drug and medical device development and in the current scenario clinical trials are conducted across multiple locations in various geographies. Clinical trials are complex, which propel companies to opt for contract research outsourcing. Contract research outsourcing is handled by different research groups such as: Contract research organizations (CROs) Academic medical centers (AMCs) Clinical trial laboratories (CTLs) Increasing investment in biological therapies is expected to propel growth of the global healthcare contract research outsourcing market over the forecast period. For instance, in April 2020, i2O Therapeutics, a Harvard-launched biotech company developing a platform for oral delivery of injectable biological drugs, raised US$ 4 million in seed funding led by Sanofi Ventures and JDRF T1D Fund. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/healthcare-contract-research-outsourcing-market-3788 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Global Healthcare Contract Research Outsourcing Market: Opportunities Increasing prevalence of chronic disorders is expected to offer lucrative growth opportunities for players in the market. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S. Global Healthcare Contract Research Outsourcing Market: Restraints Genetic and disease profile variations is expected to hamper growth of the market. Outsourcing of clinical trials to diverse geographies poses a challenge in terms of genetic and disease profiles of the patient population in those countries. Variations in disease profiles sometimes do not support similar study in all the geographies. Moreover, difference in drug response towards an indication hinders the smooth process of clinical evaluation of that drug in all the outsourced geographies simultaneously. Key Takeaways: The global healthcare contract research outsourcing market was valued at US$ 74.7 Bn in 2019 and is forecast to reach a value of US$ 229.2 Bn by 2027 at a CAGR of 15.1% between 2020 and 2027. The growth of the market is attributed to increasing number of clinical trials for development of novel drug products. Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/3788 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Market Trends Major players in the market are focused developing products to aid in effective compliance to regulatory guidelines. For instance, October 2019, Medidata Solutions launched Study Site Analytics that offers sites with access to standardized performance metrics from sponsors and CROs. Major players in the market are focused on sharing information about COVID-19 prevalence, symptom progression, and treatment outcomes through various projects. For instance, in April 2020, IQVIA launched its COVID Active Research Experience Project at helpstopcovid19.com. Global Healthcare Contract Research Outsourcing Market: Competitive Landscape Major players operating in the global healthcare contract research outsourcing market include, IQVIA, Covance, Inc., Pharmaceutical Product Development Inc., Parexel International Corporation, Charles River Laboratories International Inc., Icon, Plc, Medidata Solutions, Inc., Inventiv Health, Inc. (Pharmanet Development Group Inc.), Medpace Holdings, Inc., and Piramal Life Sciences. Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/3788 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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